UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

_______________________________

Investment Company Act file number: 811-05482

Deutsche High Income Trust

(Exact name of registrant as specified in charter)

345 Park Avenue
New York, NY 10154

(Address of principal executive offices) (Zip code)

Paul Schubert

60 Wall Street

New York, NY 10005

(Name and address of agent for service)

Registrant's telephone number, including area code: (212) 250-3220

Date of fiscal year end: 11/30

Date of reporting period: 2/29/2016

ITEM 1. SCHEDULE OF INVESTMENTS

Investment Portfolioas of February 29, 2016 (Unaudited)

Deutsche High Income Trust

				Principal Amount ($) (a)				Value ($)
	Corporate Bonds 115.1%
Consumer Discretionary 32.8%
1011778 B.C. Unlimited Liability Co., 144A, 4.625%, 1/15/2022					170,000			172,975
Ally Financial, Inc.:
	3.25%, 2/13/2018				1,125,000			1,113,750
	3.25%, 11/5/2018				620,000			609,150
	3.5%, 1/27/2019				885,000			869,512
	4.125%, 3/30/2020				370,000			368,150
Altice Financing SA:
	144A, 6.5%, 1/15/2022				200,000			201,500
	144A, 7.875%, 12/15/2019				245,000			255,413
Altice Finco SA, 144A, 9.875%, 12/15/2020					245,000			260,925
AMC Entertainment, Inc., 5.875%, 2/15/2022					260,000			269,100
AMC Networks, Inc., 7.75%, 7/15/2021					90,000			95,175
AmeriGas Finance LLC:
	6.75%, 5/20/2020				545,000			553,175
	7.0%, 5/20/2022				415,000			425,894
APX Group, Inc., 6.375%, 12/1/2019					220,000			214,500
Asbury Automotive Group, Inc.:
	6.0%, 12/15/2024				665,000			658,350
	144A, 6.0%, 12/15/2024				560,000			554,400
Ashtead Capital, Inc., 144A, 6.5%, 7/15/2022					350,000			359,625
Ashton Woods U.S.A. LLC, 144A, 6.875%, 2/15/2021					365,000			295,650
Avis Budget Car Rental LLC:
	144A, 5.25%, 3/15/2025				585,000			517,725
	5.5%, 4/1/2023				800,000			758,000
Beacon Roofing Supply, Inc., 144A, 6.375%, 10/1/2023					245,000			258,475
Block Communications, Inc., 144A, 7.25%, 2/1/2020					445,000			433,875
Boyd Gaming Corp., 6.875%, 5/15/2023					200,000			205,500
Caleres, Inc., 6.25%, 8/15/2023					165,000			163,350
CCO Holdings LLC:
	144A, 5.125%, 5/1/2023				525,000			521,062
	144A, 5.375%, 5/1/2025				395,000			391,050
	144A, 5.875%, 4/1/2024				400,000			408,500
	144A, 5.875%, 5/1/2027				660,000			660,000
	6.5%, 4/30/2021				1,000,000			1,039,375
	7.0%, 1/15/2019				54,000			55,172
CCOH Safari LLC, 144A, 5.75%, 2/15/2026					770,000			772,025
Cequel Communications Holdings I LLC:
	144A, 5.125%, 12/15/2021				710,000			651,425
	144A, 6.375%, 9/15/2020				820,000			802,575
Churchill Downs, Inc., 144A, 5.375%, 12/15/2021					196,771			202,182
Clear Channel Worldwide Holdings, Inc.:
	Series A, 6.5%, 11/15/2022				270,000			245,025
	Series B, 6.5%, 11/15/2022				390,000			378,300
	Series A, 7.625%, 3/15/2020				65,000			52,894
	Series B, 7.625%, 3/15/2020				855,000			752,400
Cogeco Communications, Inc., 144A, 4.875%, 5/1/2020					25,000			25,250
CSC Holdings LLC:
	5.25%, 6/1/2024				295,000			252,225
	6.75%, 11/15/2021				1,000,000			1,015,000
Dana Holding Corp., 5.5%, 12/15/2024					245,000			228,156
Delphi Corp., 5.0%, 2/15/2023					305,000			312,625
DISH DBS Corp.:
	4.625%, 7/15/2017				190,000			194,275
	5.0%, 3/15/2023				415,000			367,275
	5.125%, 5/1/2020				1,400,000			1,386,000
	6.75%, 6/1/2021				80,000			81,500
Dollar Tree, Inc.:
	144A, 5.25%, 3/1/2020				1,340,000			1,407,000
	144A, 5.75%, 3/1/2023				420,000			446,775
Fiat Chrysler Automobiles NV:
	4.5%, 4/15/2020				470,000			462,950
	5.25%, 4/15/2023				723,000			683,235
Global Partners LP, 7.0%, 6/15/2023					320,000			208,000
Goodyear Tire & Rubber Co., 5.125%, 11/15/2023					230,000			236,325
Group 1 Automotive, Inc.:
	5.0%, 6/1/2022				560,000			523,600
	144A, 5.25%, 12/15/2023				795,000			745,312
HD Supply, Inc.:
	144A, 5.25%, 12/15/2021				370,000			387,575
	7.5%, 7/15/2020				130,000			136,825
Hot Topic, Inc., 144A, 9.25%, 6/15/2021					175,000			161,000
Jaguar Land Rover Automotive PLC, 144A, 3.5%, 3/15/2020					1,275,000			1,254,281
L Brands, Inc., 7.0%, 5/1/2020					185,000			211,363
Lamar Media Corp., 144A, 5.75%, 2/1/2026					80,000			82,850
Lennar Corp., 4.75%, 11/15/2022					585,000			577,687
Live Nation Entertainment, Inc.:
	144A, 5.375%, 6/15/2022				60,000			59,550
	144A, 7.0%, 9/1/2020				410,000			429,987
MDC Partners, Inc., 144A, 6.75%, 4/1/2020					265,000			269,638
Mediacom Broadband LLC:
	5.5%, 4/15/2021				65,000			62,725
	6.375%, 4/1/2023				465,000			451,050
Mediacom LLC, 7.25%, 2/15/2022					125,000			125,938
MGM Resorts International:
	6.0%, 3/15/2023				375,000			384,375
	6.75%, 10/1/2020				520,000			556,400
	8.625%, 2/1/2019				580,000			656,850
NCL Corp., Ltd., 144A, 4.625%, 11/15/2020					335,000			325,788
Neptune Finco Corp.:
	144A, 6.625%, 10/15/2025				200,000			211,000
	144A, 10.125%, 1/15/2023				600,000			645,750
	144A, 10.875%, 10/15/2025				425,000			459,000
Nielsen Finance LLC, 144A, 5.0%, 4/15/2022					185,000			187,313
Numericable-SFR:
	144A, 4.875%, 5/15/2019				615,000			614,692
	144A, 6.0%, 5/15/2022				920,000			910,800
Penske Automotive Group, Inc., 5.375%, 12/1/2024					885,000			858,450
Pinnacle Entertainment, Inc., 6.375%, 8/1/2021					185,000			196,331
Quebecor Media, Inc., 5.75%, 1/15/2023					220,000			228,250
Sabre GLBL, Inc.:
	144A, 5.25%, 11/15/2023				75,000			76,125
	144A, 5.375%, 4/15/2023				30,000			30,225
Sally Holdings LLC, 5.625%, 12/1/2025					570,000			592,800
Schaeffler Finance BV, 144A, 4.75%, 5/15/2023					475,000			464,312
Seminole Hard Rock Entertainment, Inc., 144A, 5.875%, 5/15/2021					140,000			139,300
Serta Simmons Bedding LLC, 144A, 8.125%, 10/1/2020					125,000			128,438
Sirius XM Radio, Inc., 144A, 5.875%, 10/1/2020					250,000			261,250
Spectrum Brands, Inc., 5.75%, 7/15/2025					165,000			173,869
Springs Industries, Inc., 6.25%, 6/1/2021					340,000			335,750
Starz LLC, 5.0%, 9/15/2019					175,000			177,188
Suburban Propane Partners LP, 5.75%, 3/1/2025					180,000			151,200
Toll Brothers Finance Corp., 4.875%, 11/15/2025					375,000			363,750
TRI Pointe Group, Inc., 4.375%, 6/15/2019					175,000			168,875
Unitymedia Hessen GmbH & Co., KG, 144A, 5.5%, 1/15/2023					1,020,000			1,068,450
UPCB Finance IV Ltd., 144A, 5.375%, 1/15/2025					1,295,000			1,282,050
UPCB Finance V Ltd., 144A, 7.25%, 11/15/2021					49,500			52,408
UPCB Finance VI Ltd., 144A, 6.875%, 1/15/2022					378,000			397,845
Viking Cruises Ltd.:
	144A, 6.25%, 5/15/2025				330,000			278,850
	144A, 8.5%, 10/15/2022				220,000			204,050
Virgin Media Secured Finance PLC, 144A, 5.25%, 1/15/2026					625,000			623,437
Ziggo Bond Finance BV, 144A, 5.875%, 1/15/2025					215,000			208,550
								42,745,847
Consumer Staples 2.8%
Aramark Services, Inc., 144A, 5.125%, 1/15/2024					235,000			246,163
Constellation Brands, Inc., 4.75%, 12/1/2025					95,000			99,275
Cott Beverages, Inc.:
	5.375%, 7/1/2022				535,000			532,325
	6.75%, 1/1/2020				245,000			257,862
FAGE Dairy Industry SA, 144A, 9.875%, 2/1/2020					395,000			407,837
JBS Investments GmbH, 144A, 7.25%, 4/3/2024					305,000			266,875
JBS U.S.A. LLC:
	144A, 5.75%, 6/15/2025				260,000			223,600
	144A, 7.25%, 6/1/2021				630,000			609,525
Pilgrim's Pride Corp., 144A, 5.75%, 3/15/2025					245,000			238,263
Pinnacle Foods Finance LLC, 144A, 5.875%, 1/15/2024					70,000			73,850
Post Holdings, Inc., 144A, 6.75%, 12/1/2021					115,000			122,044
Smithfield Foods, Inc., 6.625%, 8/15/2022					11,000			11,605
The WhiteWave Foods Co., 5.375%, 10/1/2022					495,000			529,650
								3,618,874
Energy 6.5%
Antero Resources Corp.:
	5.125%, 12/1/2022				430,000			366,575
	5.375%, 11/1/2021				315,000			272,475
	144A, 5.625%, 6/1/2023				250,000			213,750
Blue Racer Midstream LLC, 144A, 6.125%, 11/15/2022					275,000			206,250
Carrizo Oil & Gas, Inc., 6.25%, 4/15/2023					330,000			234,300
Concho Resources, Inc., 5.5%, 4/1/2023					690,000			641,700
Continental Resources, Inc., 5.0%, 9/15/2022					1,130,000			857,670
Crestwood Midstream Partners LP, 144A, 6.25%, 4/1/2023					120,000			85,200
Gulfport Energy Corp., 6.625%, 5/1/2023					130,000			110,175
Hilcorp Energy I LP:
	144A, 5.0%, 12/1/2024				225,000			153,000
	144A, 5.75%, 10/1/2025				465,000			316,200
Holly Energy Partners LP, 6.5%, 3/1/2020					125,000			118,125
Ithaca Energy, Inc., 144A, 8.125%, 7/1/2019					200,000			99,500
Kinder Morgan Finance Co., LLC, 144A, 6.0%, 1/15/2018					450,000			453,285
Laredo Petroleum, Inc., 6.25%, 3/15/2023					370,000			230,325
Memorial Resource Development Corp., 5.875%, 7/1/2022					225,000			153,000
Newfield Exploration Co.:
	5.375%, 1/1/2026				190,000			164,350
	5.75%, 1/30/2022				225,000			210,938
Oasis Petroleum, Inc.:
	6.875%, 3/15/2022				150,000			87,750
	6.875%, 1/15/2023				90,000			51,975
Range Resources Corp., 144A, 4.875%, 5/15/2025					515,000			445,475
Rice Energy, Inc., 7.25%, 5/1/2023					60,000			48,000
RSP Permian, Inc.:
	144A, 6.625%, 10/1/2022				65,000			58,175
	6.625%, 10/1/2022				300,000			268,500
Sabine Pass Liquefaction LLC:
	5.625%, 2/1/2021				740,000			706,237
	5.625%, 3/1/2025				310,000			281,325
Sunoco LP:
	144A, 5.5%, 8/1/2020				195,000			186,225
	144A, 6.375%, 4/1/2023				185,000			175,750
Tesoro Corp., 4.25%, 10/1/2017					235,000			238,525
Whiting Petroleum Corp., 6.25%, 4/1/2023					625,000			285,938
Williams Partners LP, 6.125%, 7/15/2022					380,000			334,520
WPX Energy, Inc., 7.5%, 8/1/2020					630,000			396,900
								8,452,113
Financials 7.9%
AerCap Aviation Solutions BV, 6.375%, 5/30/2017					790,000			815,675
AerCap Ireland Capital Ltd.:
	4.625%, 10/30/2020				535,000			543,694
	5.0%, 10/1/2021				155,000			159,069
Alliance Data Systems Corp., 144A, 5.25%, 12/1/2017					270,000			272,025
Banco Bradesco SA, 144A, 5.75%, 3/1/2022					920,000			883,200
CIT Group, Inc.:
	3.875%, 2/19/2019				1,310,000			1,303,450
	5.25%, 3/15/2018				645,000			663,544
CNO Financial Group, Inc.:
	4.5%, 5/30/2020				95,000			94,644
	5.25%, 5/30/2025				200,000			194,000
E*TRADE Financial Corp.:
	4.625%, 9/15/2023				245,000			240,100
	5.375%, 11/15/2022				225,000			233,863
Equinix, Inc.:
	(REIT), 5.375%, 1/1/2022				300,000			311,250
	(REIT), 5.375%, 4/1/2023				765,000			818,320
	(REIT), 5.75%, 1/1/2025				225,000			232,875
	(REIT), 5.875%, 1/15/2026				195,000			203,775
International Lease Finance Corp.:
	3.875%, 4/15/2018				805,000			806,509
	6.25%, 5/15/2019				345,000			370,012
Morgan Stanley, Series H, 5.45%, 7/29/2049					185,000			172,975
MPT Operating Partnership LP:
	(REIT), 6.375%, 2/15/2022				335,000			345,050
	(REIT), 6.375%, 3/1/2024				400,000			410,000
	(REIT), 6.875%, 5/1/2021				305,000			317,963
Neuberger Berman Group LLC, 144A, 5.875%, 3/15/2022					310,000			322,400
Seminole Tribe of Florida, Inc., 144A, 7.804%, 10/1/2020					260,000			265,200
The Goldman Sachs Group, Inc., Series L, 5.7%, 12/29/2049					310,000			296,825
								10,276,418
Health Care 16.2%
Alere, Inc., 144A, 6.375%, 7/1/2023					255,000			279,863
Community Health Systems, Inc.:
	5.125%, 8/15/2018				3,440,000			3,452,900
	5.125%, 8/1/2021				65,000			65,325
	7.125%, 7/15/2020				1,465,000			1,318,500
Concordia Healthcare Corp., 144A, 7.0%, 4/15/2023					130,000			113,100
Endo Finance LLC:
	144A, 5.75%, 1/15/2022				260,000			262,600
	144A, 5.875%, 1/15/2023				265,000			263,675
Endo Ltd.:
	144A, 6.0%, 7/15/2023				280,000			282,800
	144A, 6.0%, 2/1/2025				185,000			184,075
Fresenius Medical Care U.S. Finance II, Inc.:
	144A, 5.625%, 7/31/2019				250,000			271,563
	144A, 6.5%, 9/15/2018				125,000			138,125
Fresenius Medical Care U.S. Finance, Inc., 144A, 5.75%, 2/15/2021					190,000			205,200
HCA, Inc.:
	5.875%, 2/15/2026				820,000			844,600
	6.5%, 2/15/2020				3,645,000			4,037,566
	7.5%, 2/15/2022				460,000			519,708
Hologic, Inc., 144A, 5.25%, 7/15/2022					130,000			136,162
IMS Health, Inc., 144A, 6.0%, 11/1/2020					275,000			284,394
LifePoint Health, Inc.:
	5.5%, 12/1/2021				325,000			335,563
	5.875%, 12/1/2023				325,000			338,000
Mallinckrodt International Finance SA:
	144A, 4.875%, 4/15/2020				220,000			217,800
	144A, 5.625%, 10/15/2023				405,000			397,912
Tenet Healthcare Corp.:
	144A, 4.012% **, 6/15/2020				245,000			241,325
	6.25%, 11/1/2018				2,000,000			2,105,000
	6.75%, 6/15/2023				510,000			462,187
Valeant Pharmaceuticals International, Inc.:
	144A, 5.375%, 3/15/2020				465,000			420,825
	144A, 5.875%, 5/15/2023				430,000			362,813
	144A, 6.125%, 4/15/2025				1,310,000			1,099,581
	144A, 6.375%, 10/15/2020				295,000			270,663
	144A, 6.75%, 8/15/2018				1,155,000			1,114,575
	144A, 7.5%, 7/15/2021				1,235,000			1,163,987
								21,190,387
Industrials 12.5%
ADT Corp.:
	3.5%, 7/15/2022				175,000			146,563
	5.25%, 3/15/2020				405,000			398,925
	6.25%, 10/15/2021				550,000			536,250
Aerojet Rocketdyne Holdings, Inc., 7.125%, 3/15/2021					470,000			475,875
Allegion PLC, 5.875%, 9/15/2023					130,000			136,175
Artesyn Embedded Technologies, Inc., 144A, 9.75%, 10/15/2020					310,000			258,075
Belden, Inc., 144A, 5.5%, 9/1/2022					380,000			366,700
Bombardier, Inc.:
	144A, 5.75%, 3/15/2022				375,000			262,500
	144A, 6.0%, 10/15/2022				305,000			215,025
	144A, 7.5%, 3/15/2025				125,000			87,813
	144A, 7.75%, 3/15/2020				1,365,000			1,092,000
Casella Waste Systems, Inc., 7.75%, 2/15/2019					415,000			407,737
CNH Industrial Capital LLC, 3.25%, 2/1/2017					1,030,000			1,034,511
Covanta Holding Corp., 5.875%, 3/1/2024					260,000			223,600
CTP Transportation Products LLC, 144A, 8.25%, 12/15/2019					325,000			324,107
DigitalGlobe, Inc., 144A, 5.25%, 2/1/2021					155,000			134,850
DR Horton, Inc., 4.0%, 2/15/2020					120,000			122,100
EnerSys, 144A, 5.0%, 4/30/2023					65,000			61,913
Florida East Coast Holdings Corp., 144A, 6.75%, 5/1/2019					115,000			115,144
FTI Consulting, Inc., 6.0%, 11/15/2022					220,000			227,150
Garda World Security Corp., 144A, 7.25%, 11/15/2021					340,000			238,000
Gates Global LLC, 144A, 6.0%, 7/15/2022					225,000			167,344
Huntington Ingalls Industries, Inc.:
	144A, 5.0%, 12/15/2021				530,000			557,825
	144A, 5.0%, 11/15/2025				231,000			242,116
Masonite International Corp., 144A, 5.625%, 3/15/2023					270,000			279,450
Meritor, Inc.:
	6.25%, 2/15/2024				255,000			207,749
	6.75%, 6/15/2021				615,000			528,900
Moog, Inc., 144A, 5.25%, 12/1/2022					220,000			215,600
MTW Foodservice Escrow Corp., 144A, 9.5%, 2/15/2024					159,000			167,546
Nortek, Inc., 8.5%, 4/15/2021					235,000			242,637
OPE KAG Finance Sub, Inc., 144A, 7.875%, 7/31/2023					325,000			315,250
Oshkosh Corp.:
	5.375%, 3/1/2022				195,000			196,463
	5.375%, 3/1/2025				30,000			29,625
Ply Gem Industries, Inc., 6.5% ,  2/1/2022					510,000			432,987
SBA Communications Corp., 5.625%, 10/1/2019					215,000			223,600
Spirit AeroSystems, Inc., 5.25%, 3/15/2022					340,000			347,650
Summit Materials LLC:
	6.125%, 7/15/2023				385,000			343,612
	144A, 8.5%, 4/15/2022 (b)				160,000			159,200
Titan International, Inc., 6.875%, 10/1/2020					210,000			153,300
Triumph Group, Inc., 5.25%, 6/1/2022					150,000			120,000
United Rentals North America, Inc.:
	4.625%, 7/15/2023				210,000			210,000
	6.125%, 6/15/2023				30,000			30,765
	7.375%, 5/15/2020				1,490,000			1,562,637
	7.625%, 4/15/2022				350,000			372,092
USG Corp., 144A, 5.5%, 3/1/2025					15,000			15,300
Wise Metals Group LLC, 144A, 8.75%, 12/15/2018					315,000			264,600
XPO Logistics, Inc., 144A, 6.5%, 6/15/2022					310,000			293,337
ZF North America Capital, Inc.:
	144A, 4.0%, 4/29/2020				547,000			550,419
	144A, 4.5%, 4/29/2022				715,000			705,169
	144A, 4.75%, 4/29/2025				570,000			544,350
								16,344,536
Information Technology 6.8%
ACI Worldwide, Inc., 144A, 6.375%, 8/15/2020					125,000			127,656
Activision Blizzard, Inc., 144A, 5.625%, 9/15/2021					1,045,000			1,098,556
Audatex North America, Inc.:
	144A, 6.0%, 6/15/2021				390,000			393,900
	144A, 6.125%, 11/1/2023				150,000			151,500
Cardtronics, Inc., 5.125%, 8/1/2022					175,000			169,750
CDW LLC:
	5.5%, 12/1/2024				445,000			459,462
	6.0%, 8/15/2022				1,230,000			1,306,875
Denali Borrower LLC, 144A, 5.625%, 10/15/2020					365,000			383,976
EarthLink Holdings Corp., 7.375%, 6/1/2020					285,000			287,138
Entegris, Inc., 144A, 6.0%, 4/1/2022					185,000			187,313
First Data Corp.:
	144A, 6.75%, 11/1/2020				1,453,000			1,533,641
	144A, 7.0%, 12/1/2023				385,000			385,000
Freescale Semiconductor, Inc., 144A, 6.0%, 1/15/2022					325,000			344,906
Infor U.S., Inc., 144A, 6.5%, 5/15/2022					285,000			247,238
Informatica LLC, 144A, 7.125%, 7/15/2023					130,000			119,600
Micron Technology, Inc., 144A, 5.25%, 8/1/2023					305,000			260,775
NCR Corp.:
	5.875%, 12/15/2021				65,000			63,863
	6.375%, 12/15/2023				165,000			161,700
NXP BV, 144A, 3.75%, 6/1/2018					720,000			727,200
Open Text Corp., 144A, 5.625%, 1/15/2023					245,000			241,325
Riverbed Technology, Inc., 144A, 8.875%, 3/1/2023					185,000			164,650
Sanmina Corp., 144A, 4.375%, 6/1/2019					30,000			30,300
								8,846,324
Materials 9.6%
ArcelorMittal SA, 5.125%, 6/1/2020					85,000			75,863
Ardagh Packaging Finance PLC:
	144A, 3.512% **, 12/15/2019				390,000			379,275
	144A, 6.75%, 1/31/2021				410,000			384,887
Ashland, Inc., 4.75%, 8/15/2022					1,000,000			987,500
Ball Corp.:
	4.375%, 12/15/2020				160,000			167,200
	5.25%, 7/1/2025				325,000			338,812
Berry Plastics Corp., 5.5%, 5/15/2022					505,000			525,200
Cascades, Inc., 144A, 5.5%, 7/15/2022					175,000			164,937
Chemours Co.:
	144A, 6.625%, 5/15/2023				250,000			180,625
	144A, 7.0%, 5/15/2025				110,000			79,750
Clearwater Paper Corp., 144A, 5.375%, 2/1/2025					240,000			229,200
Coveris Holding Corp., 144A, 10.0%, 6/1/2018					245,000			209,475
Coveris Holdings SA, 144A, 7.875%, 11/1/2019					390,000			310,050
First Quantum Minerals Ltd., 144A, 7.0%, 2/15/2021					471,000			242,565
Freeport-McMoRan, Inc.:
	2.3%, 11/14/2017				900,000			823,500
	2.375%, 3/15/2018				525,000			452,812
Greif, Inc., 7.75%, 8/1/2019					110,000			121,825
Hexion, Inc., 6.625%, 4/15/2020					323,000			255,170
Huntsman International LLC, 5.125%, 4/15/2021		EUR			225,000			221,514
Kaiser Aluminum Corp., 8.25%, 6/1/2020					300,000			312,000
Novelis, Inc., 8.75%, 12/15/2020					1,330,000			1,233,575
Perstorp Holding AB, 144A, 8.75%, 5/15/2017					200,000			193,000
Plastipak Holdings, Inc., 144A, 6.5%, 10/1/2021					310,000			297,600
Platform Specialty Products Corp., 144A, 6.5%, 2/1/2022					280,000			226,800
Reynolds Group Issuer, Inc.:
	5.75%, 10/15/2020				2,690,000			2,763,975
	6.875%, 2/15/2021				580,000			600,300
Sealed Air Corp.:
	144A, 4.875%, 12/1/2022				145,000			149,350
	144A, 5.125%, 12/1/2024				75,000			77,813
Tronox Finance LLC:
	6.375%, 8/15/2020				240,000			150,600
	144A, 7.5%, 3/15/2022				300,000			185,250
WR Grace & Co-Conn:
	144A, 5.125%, 10/1/2021				120,000			124,800
	144A, 5.625%, 10/1/2024				60,000			62,550
								12,527,773
Telecommunication Services 17.6%
B Communications Ltd., 144A, 7.375%, 2/15/2021					330,000			356,400
CenturyLink, Inc.:
	Series V, 5.625%, 4/1/2020				110,000			111,375
	Series T, 5.8%, 3/15/2022				440,000			427,350
	Series S, 6.45%, 6/15/2021				610,000			619,528
	Series W, 6.75%, 12/1/2023				625,000			610,937
CommScope, Inc.:
	144A, 4.375%, 6/15/2020				165,000			167,888
	144A, 5.0%, 6/15/2021				305,000			298,900
CyrusOne LP, 6.375%, 11/15/2022					405,000			411,075
Digicel Group Ltd.:
	144A, 7.125%, 4/1/2022				315,000			225,225
	144A, 8.25%, 9/30/2020				1,337,000			1,042,860
Digicel Ltd.:
	144A, 6.75%, 3/1/2023				470,000			400,675
	144A, 7.0%, 2/15/2020				200,000			177,000
Frontier Communications Corp.:
	6.25%, 9/15/2021				185,000			163,956
	7.125%, 1/15/2023				620,000			539,208
	8.25%, 4/15/2017				357,000			375,742
	8.5%, 4/15/2020				610,000			620,675
	144A, 10.5%, 9/15/2022				835,000			843,350
Hughes Satellite Systems Corp., 7.625%, 6/15/2021					245,000			265,213
Intelsat Jackson Holdings SA:
	5.5%, 8/1/2023				510,000			331,500
	7.25%, 10/15/2020				725,000			500,250
Level 3 Financing, Inc.:
	5.375%, 8/15/2022				1,340,000			1,376,850
	144A, 5.375%, 1/15/2024				230,000			235,750
	5.375%, 5/1/2025				265,000			269,638
	6.125%, 1/15/2021				1,340,000			1,400,300
	7.0%, 6/1/2020				415,000			435,231
Millicom International Cellular SA, 144A, 4.75%, 5/22/2020					370,000			337,976
Plantronics, Inc., 144A, 5.5%, 5/31/2023					130,000			124,150
Sprint Communications, Inc., 144A, 7.0%, 3/1/2020					295,000			289,838
Sprint Corp., 7.125%, 6/15/2024					1,395,000			993,937
T-Mobile U.S.A., Inc.:
	6.125%, 1/15/2022				130,000			133,575
	6.375%, 3/1/2025				661,000			667,610
	6.464%, 4/28/2019				395,000			405,862
	6.5%, 1/15/2026				20,000			20,267
	6.625%, 11/15/2020				260,000			270,400
	6.625%, 4/1/2023				1,900,000			1,985,500
Telesat Canada, 144A, 6.0%, 5/15/2017					2,560,000			2,563,200
Wind Acquisition Finance SA, 144A, 6.5%, 4/30/2020					225,000			227,813
Windstream Services LLC:
	7.75%, 10/15/2020				70,000			57,817
	7.875%, 11/1/2017				1,710,000			1,791,225
Zayo Group LLC:
	6.0%, 4/1/2023				515,000			507,275
	6.375%, 5/15/2025				330,000			315,150
								22,898,471
Utilities 2.4%
Calpine Corp.:
	5.375%, 1/15/2023				290,000			270,425
	5.75%, 1/15/2025				290,000			261,000
DPL, Inc., 6.5%, 10/15/2016					106,000			107,325
Dynegy, Inc.:
	7.375%, 11/1/2022				320,000			267,200
	7.625%, 11/1/2024				580,000			479,950
Energy Future Holdings Corp., Series Q, 6.5%, 11/15/2024 *					300,000			210,000
NGL Energy Partners LP, 5.125%, 7/15/2019					230,000			135,125
NRG Energy, Inc.:
	6.25%, 5/1/2024				1,255,000			1,041,650
	7.875%, 5/15/2021				260,000			245,375
Talen Energy Supply LLC, 144A, 4.625%, 7/15/2019					115,000			92,575
								3,110,625
Total Corporate Bonds (Cost $156,924,712)						150,011,368
	Government & Agency Obligation 0.6%
Other Government Related (c)
VTB Bank OJSC, 144A, 6.315%, 2/22/2018 (Cost $750,000)					750,000			774,330
	Loan Participations and Assignments 16.5%
Senior Loans **
Consumer Discretionary 3.9%
Avis Budget Car Rental LLC, Term Loan B, 3.0%, 3/15/2019					615,754			610,877
CSC Holdings, Inc., Term Loan B, 2.939%, 4/17/2020					2,402,516			2,386,503
Goodyear Tire & Rubber Co., Second Lien Term Loan, 3.75%, 4/30/2019					1,195,000			1,199,858
Quebecor Media, Inc., Term Loan B1, 3.25%, 8/17/2020					892,125			868,430
								5,065,668
Consumer Staples 1.2%
Albertson's LLC, Term Loan B2, 5.5%, 3/21/2019					928,951			919,146
Pinnacle Foods Finance LLC, Term Loan G, 3.0%, 4/29/2020					294,032			291,767
Vogue International, Inc., Term Loan, 5.75%, 2/14/2020					280,013			278,262
								1,489,175
Financials 0.0%
Alliance Mortgage Cycle Loan, Term Loan A, 9.5%, 6/15/2010 *					466,667			0
Health Care 2.2%
AmSurg Corp., First Lien Term Loan B, 3.5%, 7/16/2021					349,675			348,435
Community Health Systems, Inc.:
	Term Loan G, 3.75%, 12/31/2019				131,471			125,692
	Term Loan H, 4.0%, 1/27/2021				241,903			230,439
DaVita HealthCare Partners, Inc., Term Loan B, 3.5%, 6/24/2021					581,150			581,441
Valeant Pharmaceuticals International, Inc.:
	Term Loan B, 3.5%, 2/13/2019				874,220			822,703
	Term Loan B, 3.75%, 12/11/2019				741,373			698,929
								2,807,639
Industrials 2.3%
BE Aerospace, Inc., Term Loan B, 4.0%, 12/16/2021					281,455			282,133
Hertz Corp., Term Loan B, 3.75%, 3/11/2018					448,843			445,268
Ply Gem Industries, Inc., Term Loan, 4.0%, 2/1/2021					383,175			364,654
TransDigm, Inc., Term Loan C, 3.75%, 2/28/2020					1,347,538			1,311,829
WP CPP Holdings LLC, Term Loan B3, 4.5%, 12/28/2019					694,941			636,739
								3,040,623
Information Technology 0.9%
First Data Corp., Term Loan, 4.434%, 3/24/2021					1,215,000			1,199,509
Materials 2.6%
American Rock Salt Holdings LLC, First Lien Term Loan, 4.75%, 5/20/2021					1,324,825			1,210,837
Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 3.75%, 2/1/2020					1,095,948			1,084,134
Berry Plastics Holding Corp., Term Loan D, 3.5%, 2/8/2020					974,937			958,597
PolyOne Corp., Term Loan B, 3.75%, 11/11/2022					170,000			170,027
								3,423,595
Telecommunication Services 1.2%
DigitalGlobe, Inc., Term Loan B, 4.75%, 1/31/2020					38,900			38,536
Level 3 Financing, Inc.:
	Term Loan B2, 3.5%, 5/31/2022				560,000			553,560
	Term Loan B, 4.0%, 1/15/2020				1,020,000			1,020,214
								1,612,310
Utilities 2.2%
Calpine Corp., Term Loan B5, 3.5%, 5/27/2022					2,089,500			1,984,377
NRG Energy, Inc., Term Loan B, 2.75%, 7/2/2018					948,188			934,112
								2,918,489
Total Loan Participations and Assignments (Cost $22,536,968)						21,557,008
	Convertible Bond 0.7%
Materials
GEO Specialty Chemicals, Inc., 144A, 7.5%, 10/30/2018 (PIK) (Cost $782,404)					791,317			928,452
	Preferred Security 0.5%
Materials
Hercules, Inc., 6.5%, 6/30/2029 (Cost $434,935)					810,000			607,500
				Shares				Value ($)
	Common Stocks 0.1%
Consumer Discretionary 0.0%
Dawn Holdings, Inc.* (d)			12					24,626
Industrials 0.0%
Congoleum Corp.*			14,300					0
Quad Graphics, Inc.			176					2,228
								2,228
Materials 0.1%
GEO Specialty Chemicals, Inc.*			85,760					38,626
GEO Specialty Chemicals, Inc. 144A*			1,283					578
								39,204
Total Common Stocks (Cost $198,936)						66,058
	Warrant 0.0%
Materials
Hercules Trust II, Expiration Date 3/31/2029*  (Cost $124,997)			775					603
	Cash Equivalents 1.8%
Central Cash Management Fund, 0.33% (e) (Cost $2,388,157)			2,388,157					2,388,157
				% of Net Assets				Value ($)
Total Investment Portfolio (Cost $184,141,109) †			135.3				176,333,476
Other Assets and Liabilities, Net			2.3				3,014,227
Notes Payable			(37.6)				(49,000,000)
Net Assets			100.0				130,347,703

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

The following table represents bonds and senior loans that are in default:

Security	Coupon			Maturity Date	Principal Amount ($)			Cost ($)		Value ($)
Alliance Mortgage Cycle Loan*		9.50	%	6/15/2020		466,667	USD		467,631		0
Energy Future Holdings Corp.*		6.5	%	11/15/2024		300,000	USD		185,424		210,000
									653,055		210,000

*	Non-income producing security.
**	Floating rate securities’ yields vary with a designated market index or market rate, such as the coupon-equivalent of the U.S. Treasury Bill rate. These securities are shown at their current rate as of February 29, 2016.
†	The cost for federal income tax purposes was $184,852,949.  At February 29, 2016, net unrealized depreciation for all securities based on tax cost was $8,519,473.  This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $2,515,854 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $11,035,327.
(a)	Principal amount stated in U.S. dollars unless otherwise noted.
(b)	When-issued security.
(c)	Government-backed debt issued by financial companies or government sponsored enterprises.
(d)	The Fund may purchase securities that are subject to legal or contractual restrictions on resale ("restricted securities").  Restricted securities are securities which have not been registered with the Securities and Exchange Commission under the Securities Act of 1933.  The Fund may be unable to sell a restricted security and it may be more difficult to determine a market value for a restricted security.  Moreover, if adverse market conditions were to develop during the period between the Fund's decision to sell a restricted security and the point at which the Fund is permitted or able to sell such security, the Fund might obtain a price less favorable than the price that prevailed when it decided to sell.  This investment practice, therefore, could have the effect of increasing the level of illiquidity of the Fund.  The future value of these securities is uncertain and there may be changes in the estimated value of these securities.

Schedule of Restricted Securities	Acquisition Date	Cost ($)	Value ($)	Value as % of Net Assets
Dawn Holdings, Inc. *	August 2013	43,975	24,626	0.02

(e) Affiliated fund managed by Deutsche Investment Management Americas Inc.  The rate shown is the annualized seven-day yield at period end.

144A: Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

OJSC: Open Joint Stock Company

PIK: Denotes that all or a portion of the income is paid in-kind in the form of additional principal.

REIT: Real Estate Investment Trust

As of February 29, 2016, the Fund had the following open forward foreign currency exchange contracts:

Contracts to Deliver		In Exchange For		Settlement Date	Unrealized Depreciation ($)	Counterparty
EUR	205,000	USD	222,916	4/14/2016	(403)	Citigroup, Inc.
USD	11,279	EUR	10,000	4/14/2016	(386)	Citigroup, Inc.
Total unrealized depreciation					(789)

Currency Abbreviations
EUR	Euro
USD	United States Dollar

Fair Value Measurements

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

The following is a summary of the inputs used as of February 29, 2016 in valuing the Fund's investments.

Assets			Level 1		Level 2		Level 3		Total
Fixed Income Investments (f)
	Corporate Bonds	$	—	$	150,011,368	$	—	$	150,011,368
	Government & Agency Obligation		—		774,330		—		774,330
	Loan Participations and Assignments		—		21,557,008		0		21,557,008
	Convertible Bond		—		—		928,452		928,452
	Preferred Security		—		607,500		—		607,500
Common Stocks			2,228		—		63,830		66,058
Warrant			—		—		603		603
Short-Term Investments (f)			2,388,157		—		—		2,388,157
Total		$	2,390,385	$	172,950,206	$	992,885	$	176,333,476
Liabilities			Level 1		Level 2		Level 3		Total
Derivatives (g)
	Forward Foreign Currency Exchange Contracts	$	—	$	(789)	$	—	$	(789)
Total		$	—	$	(789)	$	—	$	(789)

There have been no transfers between fair value measurement levels during the period ended February 29, 2016.

(f)	See Investment Portfolio for additional detailed categorizations.
(g)	Derivatives include unrealized appreciation (depreciation) on open forward foreign currency exchange contracts.

Derivatives

The following table presents, by major type of derivative contract, the unrealized appreciation (depreciation) of the Fund's derivative instruments as of February 29, 2016 categorized by the primary underlying risk exposure. 

Primary Underlying Risk Disclosure	Forward Currency Contracts
Foreign Exchange Contracts	$     (789)

ITEM 2.	CONTROLS AND PROCEDURES
	(a) The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
	(b) There have been no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.
ITEM 3.	EXHIBITS
	Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant:	Deutsche High Income Trust
By:	/s/Brian E. Binder Brian E. Binder President
Date:	April 22, 2016

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/Brian E. Binder Brian E. Binder President
Date:	April 22, 2016
By:	/s/Paul Schubert Paul Schubert Chief Financial Officer and Treasurer
Date:	April 22, 2016